CRX Partners: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CRX Partners
Largest movements
- Cash +€32,716
up €32,716 (+38.6%), from €84,814 to €117,530
mainly Other debts (+€83,373) and Net result for the year (+€76,870)
- Current investments +€24,457
up €24,457 (+659%), from €3,709 to €28,166
- Receivables within one year +€5,377
up €5,377 (+21.8%), from €24,661 to €30,038
of which Trade receivables: +€12,504
- Tangible fixed assets +€2,940
up €2,940 (+65.6%), from €4,480 to €7,420
of which Furniture and vehicles: +€1,946
- Other debts +€83,373
new in 2025: €83,373
- Reserves -€52,542
down €52,542 (-56.2%), from €93,454 to €40,912
of which Distributable reserves: -€52,542
- Tax, wage and social debts +€40,912
up €40,912 (+214%), from €19,075 to €59,987
- Trade debts -€7,278
no longer reported in 2025 (was €7,278)
- Gross operating margin +€37,115
up €37,115 (+55.5%), from €66,923 to €104,038
- Taxes +€9,370
up €9,370 (+66.8%), from €14,026 to €23,396
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,807 | €185,272 | +€64,465 | +53.4% |
| Fixed assets | 21/28 | €4,640 | €7,830 | +€3,190 | +68.7% |
| Tangible fixed assets | 22/27 | €4,480 | €7,420 | +€2,940 | +65.6% |
| Plant, machinery and equipment | 23 | - | €993 | +€993 | |
| Furniture and vehicles | 24 | €4,480 | €6,426 | +€1,946 | +43.4% |
| Financial fixed assets | 28 | €160 | €410 | +€250 | +156% |
| Current assets | 29/58 | €116,167 | €177,442 | +€61,275 | +52.7% |
| Amounts receivable within one year | 40/41 | €24,661 | €30,038 | +€5,377 | +21.8% |
| Trade receivables | 40 | €17,037 | €29,541 | +€12,504 | +73.4% |
| Other amounts receivable | 41 | €7,625 | €497 | -€7,128 | -93.5% |
| Current investments | 50/53 | €3,709 | €28,166 | +€24,457 | +659% |
| Cash at bank and in hand | 54/58 | €84,814 | €117,530 | +€32,716 | +38.6% |
| Deferred charges and accrued income | 490/1 | €2,983 | €1,708 | -€1,275 | -42.7% |
| Total equity and liabilities | 10/49 | €120,807 | €185,272 | +€64,465 | +53.4% |
| Equity | 10/15 | €94,454 | €41,912 | -€52,542 | -55.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Share premium | 1100/10 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €93,454 | €40,912 | -€52,542 | -56.2% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €93,354 | €40,812 | -€52,542 | -56.3% |
| Amounts payable | 17/49 | €26,353 | €143,360 | +€117,006 | +444% |
| Amounts payable within one year | 42/48 | €26,353 | €143,360 | +€117,006 | +444% |
| Trade debts | 44 | €7,278 | - | -€7,278 | |
| Suppliers | 440/4 | €7,278 | - | -€7,278 | |
| Taxes, remuneration and social security | 45 | €19,075 | €59,987 | +€40,912 | +214% |
| Taxes | 450/3 | €19,075 | €59,987 | +€40,912 | +214% |
| Other amounts payable | 47/48 | - | €83,373 | +€83,373 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,577 | €1,875 | +€297 | +18.8% |
| Other operating charges | 640/8 | €1,666 | €869 | -€797 | -47.9% |
| Gross operating margin | 9900 | €66,923 | €104,038 | +€37,115 | +55.5% |
| Operating profit (loss) | 9901 | €63,679 | €101,295 | +€37,615 | +59.1% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €168 | €1,059 | +€891 | +532% |
| Recurring financial charges | 65 | €168 | €1,059 | +€891 | +532% |
| Profit (loss) for the period before taxes | 9903 | €63,512 | €100,266 | +€36,754 | +57.9% |
| Income taxes | 67/77 | €14,026 | €23,396 | +€9,370 | +66.8% |
| Profit (loss) for the period | 9904 | €49,486 | €76,870 | +€27,384 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,486 | €76,870 | +€27,384 | +55.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.